Beam Global shares rise 2.81% intraday after RIBER's new milestone in silicon photonics with a ROSIE order in the US.

Beam Global rose 2.81% during intraday trading. The company's stock price increase may be attributed to the recent news that Riber, a global market leader in molecular beam epitaxy (MBE) equipment for the semiconductor industry, has received a new order for a ROSIE system from a US-based customer specialized in quantum computing. This order represents a key milestone in the development of ROSIE, Riber's latest innovation, which is designed for the growth of thin oxide layers, particularly barium titanate (BTO), a strategic material for the development of integrated electro-optic modulators.